Global prices of major pulses have fallen sharply, with declines ranging from 5% to 20% over the past month. The drop is attributed to strong competition among major exporters. Exporters Compete for Market Share Canada, Australia, Russia, and several African countries are intensifying efforts

India on Tuesday and Wednesday purchased 300,000 metric tons of soybean oil (soyoil) from Argentina—its largest ever two-day import. The deal follows Argentina’s move to suspend export duties on soy and related products. Duty Suspension Triggers Surge Argentina temporarily lifted taxes on soy, corn, wheat and derived goods, making their export prices more competitive. This

India’s smartphone exports in August 2025 rose by 39% compared to August 2024, reaching USD 1.53 billion. This growth was driven largely by strong international demand. U.S. Shipments Double Exports to the United States more than doubled, climbing to USD 965 million from USD 388 million a year ago—a 148% increase. This highlights the U.S. […]

The Indian government has directed iron ore miners and exporters to increase production and cut domestic prices by half or face the possibility of an export duty or even a complete export ban starting 2 October 2025. The move comes after rising ore prices created difficulties for domestic steelmakers. Possible Export Duty The Finance Ministry […]

Chinese electric vehicle maker BYD will send senior executives—including its India Managing Director, Ketsu Zhang—to India in the coming months. The delegation aims to review operations and relaunch training programs following improved diplomatic ties between India and China. Context Of Improved Relations This planned visit follows a visible thaw in India–China relations

At the Semicon India 2025 summit in New Delhi, Prime Minister Narendra Modi described semiconductors as the “digital diamonds” of the 21st century. He said these chips, though small, are powerful engines of global innovation and economic growth. Modi added that “India’s smallest chip will drive the world’s biggest change,” underscoring India’s rising role in […]

Electronics and IT Minister Ashwini Vaishnaw has warned that the world may face a shortage of one million semiconductor professionals by 2030. He said India’s Semiconductor Mission offers a major opportunity to fill a large share of this talent gap. Pilot Line Opens in Gujarat Speaking at the inauguration of CG Power’s OSAT (Outsourced Semiconductor […]

The sharp rise in U.S. import duties has forced textile and apparel units in Tirupur, Noida, and Surat to halt operations. The new 50% tariffs on Indian goods have severely undercut their cost competitiveness, leaving exporters unable to keep production lines running. Exporters Warn of Huge Disadvantages The Federation of Indian Export Organisations (FIEO) said […]

Prime Minister Narendra Modi announced that India will soon export electric vehicles (EVs) to 100 countries, describing it as a landmark for the automobile industry. A formal launch event for the initiative is scheduled for August 26. Growth in Auto Exports Modi noted that in 2014 India’s annual automobile exports were around ₹50,000 crore. Today, […]

Prime Minister Narendra Modi announced that India’s first fully made-in-India semiconductor chip will be launched by the end of 2025. Speaking from the Red Fort, he said this milestone will mark a turning point in India’s technological self-reliance and global competitiveness. Missed Opportunities in the Past Modi noted that India had missed earlier chances in […]